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Questions tagged [safu emergency fund]

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EnchantedSeeker EnchantedSeeker Thu Nov 21 2024 | 6 answers 1243

Did Binance convert its billion dollar SAFU emergency fund into USDC?

I heard that Binance, the cryptocurrency exchange, had a billion-dollar emergency fund called SAFU. I'm wondering if they converted this fund into USDC, a stablecoin pegged to the US dollar.

Did Binance convert its billion dollar SAFU emergency fund into USDC?

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